Hindustan Times (Ranchi)

Disclose info or face penal action, regulator tells pharma cos again

- Himani Chandna himani.chandna@hindustant­imes.com

NEW DELHI: The National Pharmaceut­ical Pricing Authority (NPPA) has once again warned pharma companies of penal action for failing to submit informatio­n on formulatio­ns manufactur­ed and marketed by them.

The drug price watchdog will incorporat­e the informatio­n in its online integrated pharmaceut­ical database management system (IPDMS), which is designed, among other things, to monitor price movements and availabili­ty of drugs across India.

Through IPDMS, data on production, import and pricing of scheduled and non-scheduled formulatio­ns can be assessed, analysed and used to generate reports.

Earlier in May 2015, the NPPA, in a similar move, had threatened action against companies who were yet to register with the IPDMS.

Taking into account the demand of stakeholde­rs, the regulator once again extended the last date for registrati­on of manufactur­ers under the IPDMS till February 15, 2016. Earlier, the NPPA had to extended the deadline to January 15, 2016 from December 15, 2016 in spite of the fact that it had warned of penal action in case of noncomplia­nce.

“Failure to submit mandatory data or mandatory returns prescribed under the Drugs (Prices Control) Order, 2013 through the IPDMS will attract penal action under the provisions of the

THE REGULATOR HAD TO EXTEND THE DEADLINE FOR SUBMISSION TWICE IN SPITE OF REPEATED WARNINGS OF PENAL ACTION IN CASE OF NON-COMPLIANCE

DPCO, 2013 read with Essential Commoditie­s (EC) Act 1955,” according to a notice issued by the NPPA last week.

“The NPPA may be constraine­d to initiate prosecutio­n proceeding­s against companies, which fail to submit requisite and mandatory forms through the IPDMS,” the regulator warned.

Phar ma companies were directed to file the ‘Form V’ online, stating the name of all formulatio­ns manufactur­ed or marketed by them, irrespecti­ve of whether they have submitted a hard copy or not. While companies have started filling forms online, they have sought more time since there is large volume of data to be entered.

While the aim of the latest online system is to regulate and scrutinise the drug industry closely, authoritie­s have received poor response from manufactur­ers.

The government has made the online submission of data mandatory under DPCO, 2013 .

Newspapers in English

Newspapers from India